How to buy Crypto and Bitcoin in Argentina

Argentina is a true hotspot for cryptocurrency adoption, driven by economic challenges and a highly informed population seeking financial alternatives. Reports show that over 12% of Argentines own some form of cryptocurrency, ranking the country among the global leaders in buying crypto. This trend may be fueled by inflation concerns and limited access to traditional financial systems, making Bitcoin and other digital currencies attractive for potentially safeguarding wealth.

CEX.IO offers a secure and efficient way for Argentina-based users to enter the crypto market, offering a wealth of features, as well as a free Bitcoin wallet app for all registered and verified customers. 

This guide outlines how to buy crypto securely through CEX.IO while exploring the legal and regulatory framework that supports Argentina's thriving crypto ecosystem.

Step-by-Step Guide: How to Buy Crypto in Argentina

If you’re handy with price charts, and fundamental and technical analyses, you may use Spot Trading to acquire crypto at potentially more favorable prices. If not, you might find Instant Buy a more convenient crypto purchase gateway. This functionality is tailored to novices and allows eligible users to obtain crypto at the current market price. Here’s how it works: 

1. Visit our official webpage and register an account. 
2. For added convenience, you can download our iOS or Android app and verify your account according to KYC/AML policies. 
3. Log in to your CEX.IO account using established credentials. 
4. Navigate to Instant Buy from the dashboard or under the Products menu. 
5. Choose the cryptocurrency you want to buy. If you need help deciding, you can check our cryptocurrency prices page for a more detailed description of each asset, as well as insights into their real-time price and market capitalization. 
6. Select the fiat currency you want to use for the purchase. You can choose between USD, EUR, and GBP. 
7. Specify the amount of fiat you’re ready to spend. 
8. Choose your preferred payment method. 
9. Review all transaction details.
10. Complete your payment by following the on-page instructions. 

Legal Framework and Regulations in Argentina

Argentina recognizes cryptocurrencies as a legitimate form of digital asset, providing a favorable environment for enthusiasts and traders.

• Legal Status – Cryptocurrencies are legal in Argentina, although they are not considered official tender. This ensures users can freely trade, store, and use crypto assets without significant restrictions.
• Taxation – Rewards from cryptocurrency are taxable under Argentina's capital gains tax. However, crypto transactions are not subject to Value Added Tax (VAT), making them a practical choice for local users.
• Consumer Protection – Platforms like CEX.IO adhere to global AML and KYC regulations, ensuring secure transactions for users in Argentina.

With inflation at double digits, many Argentines turn to Bitcoin and other cryptocurrencies as a potential hedge against currency devaluation. CEX.IO’s transparent fees and intuitive platform might represent an ideal choice for anyone looking to navigate Argentina’s crypto market efficiently.

FAQs

Is crypto taxed in Argentina?

Yes, cryptocurrency profits are subject to Argentina’s capital gains tax, but VAT is not applied to crypto transactions.

Is Argentina crypto-friendly?

Absolutely. Argentina is one of the leading countries for crypto adoption, due to its economic climate and tech-savvy population.

Is there a Bitcoin ATM in Argentina?

Yes, Bitcoin ATMs can be found in major cities like Buenos Aires, providing another choice for crypto access.